EIS RESIDENCES Review

Condo Review 5 min read Last reviewed
District 15 · Freehold · Completed 2013
~$1,367Avg PSF (12-month)
16Total units
Category Ratings
Walkability
6.3
Investment
6.5
En-Bloc Potential
3.9
ShiokNest Score
5.9

Overview & Key Facts

EIS RESIDENCES is a freehold condominium at HAIG AVENUE in District 15 (RCR), developed by EASTSHINEE DEVELOPMENT PTE LTD, comprising 16 units, completed in 2013.

Developer
EASTSHINEE DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
16
TOP year
2013
District
15 — RCR
Street
HAIG AVENUE

Location & Connectivity

EIS RESIDENCES is approximately 730m from Tanjong Katong MRT station, with 6 stations within 1.5 km.

MRT stations near EIS RESIDENCES
StationLineDistance
Tanjong KatongThomson-East Coast Line730m
Marine ParadeThomson-East Coast Line890m
DakotaCircle Line1.2 km
Paya LebarEast-West Line1.3 km
Paya LebarCircle Line1.3 km
EunosEast-West Line1.4 km

Schools & Education

14 schools within 2 km (8 within 1 km priority zone).

Schools near EIS RESIDENCES
SchoolTypeDistance
Broadrick Secondary SchoolSecondary90m
EtonHouse International School (Broadrick)International90m
Tao Nan SchoolPrimary130m
Canadian International School (Tanjong Katong)International170m
Tanjong Katong Girls' SchoolSecondary190m
Tanjong Katong Primary SchoolPrimary290m
CHIJ (Katong) PrimaryPrimary310m
Haig Girls' SchoolPrimary520m

Unit Mix & Pricing

Unit mix for EIS RESIDENCES
TypeSalesAvg PSFAvg Price
Studio4$1,460 psf$600,000
1 BR2$1,369 psf$692,500
2 BR2$1,208 psf$1,005,000
3 BR2$1,322 psf$1,409,000

Market Position

EIS RESIDENCES has recorded 10 sales at an average price of $861,300.

EIS RESIDENCES sits at the 25th percentile of District 15 condo PSF.
$1,367 psf
Avg PSF (12mo)
$861,300
Avg Price
3.6%
Gross Yield
10
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at EIS RESIDENCES typically rent harder per dollar of purchase price:

Per-bedroom gross yield at EIS RESIDENCES
TypeAvg RentAvg PriceGross Yield
1 BR$2,481/mo$692,5004.30%
2 BR$3,500/mo$1,005,0004.18%

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Price Appreciation

PSF trend for EIS RESIDENCES
YearSalesAvg PSFYoY
20213$1,375 psf
20222$1,438 psf↑ 4.6%
20232$1,279 psf↓ 11.1%
20241$1,342 psf↑ 4.9%
20252$1,367 psf↑ 1.9%

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EIS RESIDENCES prices have cooled 4.9% from the 2022 peak, yet remain 0.6% below where the series began in 2021. The most recent period recovered 1.9%, so the pullback may be finding a floor.

Price Index Check

The ShiokNest Price Index for District 15 reads 117.7 as of June 2026 — down 9.0% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.

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Neighbourhood Comparison

District 15 competitors
CondoTenureAvg PSFSales
GRAND DUNMAN99 yrs lease commencing from 2022$2,536 psf912
EMERALD OF KATONG99 yrs lease commencing from 2023$2,640 psf844
THE CONTINUUMFreehold$2,790 psf781
TEMBUSU GRAND99 yrs lease commencing from 2022$2,467 psf644
AMBER PARKFreehold$2,548 psf396

What Could Work Against You

  • Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
  • At 16 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

Buyers most likely to be happy here: families with young children, car-owning households, long-term hold (10+ yr) and freehold / generational hold. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.

cbd walking distance and resort facilities should probably look elsewhere. Walking distance to the Marina Bay financial cluster lets you skip transit entirely.


Verdict

EIS RESIDENCES is a freehold development in District 15 (RCR), with 16 units, offering a gross yield of 3.6%.

At ~$1,367 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full EIS RESIDENCES dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing EIS RESIDENCES against staying public? These HDB towns sit within walking or short-drive distance:

  • Geylang — 4-room average $761,443 (450m away), an upgrader gap of about $100,000
  • Marine Parade — 4-room average $648,065 (900m away), an upgrader gap of about $200,000
  • Kallang/whampoa — 4-room average $882,887 (1.8 km away)

FAQ

What is the average PSF for EIS RESIDENCES?
The 12-month average is approximately $1,367 psf.
Is EIS RESIDENCES freehold?
Yes, EIS RESIDENCES is a freehold property.
What is the rental yield for EIS RESIDENCES?
The estimated gross yield is 3.6%.
Which MRT is nearest to EIS RESIDENCES?
The nearest is Tanjong Katong MRT at 730m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 10 transactions
  • Rental data: 29 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of April 2025

Latest recorded data point: Apr 2025 · 10 records analysed · Source: URA private-sale caveats

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